In the third quarter of this year, Kraken, the prominent cryptocurrency exchange, experienced a significant surge in its revenue, with figures more than doubling compared to the previous quarter. This impressive financial growth comes as the company is actively preparing for a potential initial public offering (IPO), signaling their ambition to enter the public markets and further establish their presence in the rapidly evolving cryptocurrency sector.
source: https://www.coindesk.com/business/2025/10/22/kraken-revenue-more-than-doubled-in-q3-as-company-preps-for-possible-ipo